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Listed by Joshua Vida • Paradigm Realty Solutions • Office: 574-626-8432
$ 450,000
Est. payment | /mo
3,049 Sqft Lot
$ 450,000
Est. payment | /mo
3,049 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202633330
Year Built 1910
Annual Tax Amount $5,490
Tax Year 2026
Lot Size 3,049 Sqft
Property Sub-Type Mixed Use
Property Description
Welcome to 112 S Main Street, located right in the heart of downtown Nappanee's vibrant city center. This two-story brick building blends historic Main Street charm with modern updates and turnkey condition — a rare opportunity for owners, occupants, or investors alike. The main floor offers approximately 2,700 sq ft of flexible commercial space that was leased to a professional office tenant through June 2026 at 1.00 per square foot plus utilities. Upstairs, a spacious 1,500 sq ft residential apartment has been tastefully updated and is ready for living or additional rental income. Features: Total area: ~4,200 sq ft (2,700 commercial + 1,500 residential) Updated electrical and plumbing throughout both levels Residential unit: New HVAC system, New kitchen and bath, open layout, and excellent natural light. Renovated to studs and has only had 1 tenant since renovation. Main floor: electrical and plumbing improvements completed; HVAC system is older but in good working order Roofing: new roof over the residential section (which also covers part of the commercial space); rear roof section (approx. 1,200 sq ft) is older but maintained Private apartment entrance with stairway access from Main Street Street and rear parking access Alley frontage on Cartoon Alley — a newly renovated public mural walkway that brings art, color, and visitors to the block ( City is extending Mural Alleys across street creating "Shoe Alley" and making walking paths and downtown amenities all the way to Coppes Commons ) Excellent visibility and curb appeal in the heart of downtown
Location
State IN
County Elkhart County
Area Elkhart County
Direction From US 6 (Market St) in downtown Nappanee, turn south onto SR 19/S Main St. Property is located just south of Market St on S Main St at 112 S Main St.
Interior
Flooring Laminate, Wood
Appliance Building
Exterior
Fence None
Roof Type Flat,Dimensional Shingles
Building
Story 2
New Construction No
Others
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202633330
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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